CNBC Economy / Updates
- Fed’s preferred inflation gauge shows core prices rose 3.3% annually in July August 26, 2026The personal consumption expenditures price index was expected to rise 0.1% monthly and 3.6% on a 12-month basis, according to economists surveyed by Dow Jones.
- Stanley Druckenmiller leads doubters who think Bessent's bond ploys will fail August 25, 2026The bond market interventions have generated a modest decline in yields along with a growing chorus of derision.
- China needs U.S. dollars but is building a hedge against Washington’s sanctions August 25, 2026The U.S. can pressure Chinese banks over Iran through access to its financial system, while Beijing is building alternatives such as CIPS.